The global biosolids market is expected to be valued at US$.1.9 Bn by the end of 2025, growing with a robust CAGR of 4.7% between 2021-2025.
Stringent sludge disposal regulations coupled with government back biosolids program to thrust the demand for biosolids. Furthermore, growing adoption of biosolids management as a part of circular economy is also projected to boost the overall demand.
Currently, Europe holds the highest volume share is anticipated to account for more than 30% of the total biosolids market by 2025.
Fairfield Market Research predicts agriculture to be the leading application segment for biosolids and is likely to account for 70% of the total biosolids demand.
Companies are considering strategic collaborations with fertilizer manufacturers to open new business avenues. Few of the market players are focusing on developing cost-competitive and energy efficient technologies to gain competitive advantage.